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Highest temperature in Hong Kong on July 20?

How the on-chain market is pricing "Highest temperature in Hong Kong on July 20?" right now, plus comparison with Kalshi, Betfair and Manifold.

29°C 100% 25°C or below 0% 26°C 0% 27°C 0% Volume: $197K Liquidity: $200K Closes: 20 Jul 2026
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Highest temperature in Hong Kong on July 20?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via BTC Prediction) Pick
polygram.ink (preferred broker)
100% 0% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open live market →
Polymarket (direct)
polymarket.com
100% 0% 0% Geo-blocked in US/UK/EU USDC, on-chain Open live market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open live market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open live market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open live market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
29°C100%
25°C or below0%
26°C0%
27°C0%
28°C0%
30°C0%
31°C0%
32°C0%
33°C0%
34°C0%
35°C or higher0%

Market context

Hong Kong will record its highest temperature for 20 July 2026, with the Hong Kong Observatory set to publish the absolute daily maximum in degrees Celsius once the Daily Extract is finalized. The market resolves to the specific temperature range containing this figure, settling in USDC on-chain with a deadline of 12:00 UTC on 20 July 2026. Current crowd-implied probability sits at 0% YES, suggesting traders expect the peak heat to fall outside the offered range, though seasonal forecasts indicate July–September 2026 temperatures are likely normal to above-normal due to prevailing ENSO conditions[1].

Historically, Hong Kong’s July highs often exceed 33°C, with record daily maxima in recent years reaching 36.1°C during intense heatwaves. Given the above-normal temperature outlook for this quarter, a reading below 30°C would be anomalous, while anything above 35°C aligns with typical summer extremes under current climate models[1]. The 0% probability implies the market’s range is either too low to capture expected highs or misaligned with the Observatory’s historical July data, where temperatures frequently breach 34°C.

Traders should monitor the Observatory’s Daily Extract release, which finalizes the “Absolute Daily Max (deg. C)” for 20 July, as settlement depends entirely on this published figure. No external crypto catalysts like BTC funding rates or whale flows directly influence this weather contract, but on-chain liquidity and USDC settlement mechanics may affect trading volume as the window closes. The key dependency remains the official data publication, with no interim announcements expected before the 2026-07-20T12:00:00Z settlement deadline.

Sources: 1

Methodology

This page reads Highest temperature in Hong Kong on July 20? on-chain. Polymarket's quote comes directly from the Polygon order book — the only comparable venue with on-chain settlement. Kalshi (USD, off-chain), Betfair (GBP/EUR, off-chain) and Manifold (play-money) are listed alongside for venue context. Every CTA routes to BTC Prediction, which mirrors the Polymarket order book directly.

Resolution & payout

Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.

Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.

FAQ

Can I use Bitcoin directly?
No, Polymarket operates exclusively in USDC on Polygon. You can bridge BTC to USDC via an exchange or bridge service and deposit on Polygon — typically 10-30 minutes processing time.
How does UMA secure the resolution?
The UMA Optimistic Oracle uses a bond system: a proposer posts a bond, a two-hour challenge window opens. On dispute the losing side forfeits the bond — financial incentive for honest resolution.
How volatile are crypto prediction markets?
Crypto markets react to spot prices — a 5% BTC move typically shifts a "BTC above X by date" market 10-20%. Polymarket crypto market liquidity is usually six-figure USD, sufficient for active trading.
Which crypto markets exist on Polymarket?
Currently active markets include BTC/ETH/SOL price targets, halving dates, ETF approvals, hard-fork outcomes and Layer-2 TVL thresholds. The list updates weekly; biggest volume sits on BTC and ETH price forecasts.
Are crypto prediction markets taxable in the US?
In the US, prediction market gains are typically treated as ordinary income or short-term capital gains depending on holding period. Consult a tax professional for your specific situation — we cannot provide tax advice.
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